19 September 2022
The Australian Banking Association (ABA) acknowledges the remarkable contribution of Her Majesty, Queen Elizabeth the Second, a life dedicated to service and duty.
The Australian Government has announced a National Day of Mourning on Thursday 22 September 2022. Each State and Territory has declared the day a public holiday under their respective legislation.
Importantly, for banks with branches and other financial institutions, Thursday will be a ‘bank close day’ with branches closed.
As a result, there will be delays to some payments, as is the case with other public holidays.
Banks will still be contactable, albeit in a reduced capacity, and customers are encouraged to contact their individual bank for further information.
Latest news
Click here to read the statement from Way Forward.
The ABA has today announced that former ASIC Deputy Chair Peter Kell will undertake the five yearly independent review of the Banking Code of Practice, the rule book that sets standards of service for customers. The Code sets out consumer protections and safeguards that are in addition to the law for individuals, small business customers… Read more »
ABA welcomes today’s move by the Reserve Bank of Australia to designate Armaguard under the recently legislated Cash Distribution Framework Act. ABA CEO Simon Birmingham said this was an important step in providing ongoing stability to the distribution and availability of cash across the economy. “The Cash Distribution Framework is an important piece of regulatory… Read more »